Phoenix & Southwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
QTS Building 3rd Phoenix-Area Data Center
QTS Realty Trust is adding a 3 million square foot campus to its Phoenix-area presence. Called QTS PHX 3, it will include 16 buildings each totaling 180,000 square feet. It will be sited on a 375-acre site at Camelback Road and Loop 303 in Glendale.
A 29-acre substation will be adjacent to the site. The project is planned for 750 MW of power, enough to power 120,000 homes. The Phoenix Journal reports the company purchased the site for $255 million just under two years ago. It will be the third QTS location in the Phoenix metro area. The other two are at 1200 40th St. and 120 E. Van Buren.
Its website says QTS Glendale will be designed to meet rapid, large-scale deployments and will offer one of the most flexible, efficient campuses in the Phoenix region. The project, which is expected to take years to build, will be done in multiple phases.
QTS is owned by private equity firm Blackstone Inc.